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Freightos ProcureFreightos

Automates freight procurement, RFQs, and contract management for global enterprises, optimizing costs and increasing operational agility.

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Product details

Freightos Procure is a platform designed to modernize freight procurement for importers, exporters, and forwarders. It automates key processes such as tendering, Request for Quotations (RFQs), and contract management, aiming to increase agility, optimize supplier selection, and reduce costs. The software provides better visibility into procurement operations, turning manual weeks of work into efficient digital workflows. Key benefits include faster tendering speeds, reduced manual effort, significant cost savings through rate optimization, and a substantial boost in efficiency. It helps optimize supplier selection with data-driven insights, reduce costs with real-time market intelligence, and increase agility with mini-bids and spot RFQs. The platform also ensures compliance through standardized workflows and addresses common procurement inefficiencies like manual processes, complex supplier management, and a lack of data visibility. Freightos Procure acts as a single source of truth for managing current and historical freight rates across all modes of transport and logistics service providers (LSPs), enabling real-time benchmarking and informed decision-making. It integrates seamlessly with ERP, TMS, and other supply chain ecosystem software, facilitating autonomous procurement events and providing real-time analysis and data visibility for successful negotiations. Customer testimonials highlight significant cost competitiveness, improved efficiency, and strategic operational enablement.

Features & Benefits

  • Automated Tendering & RFQs: Modernizes freight procurement by automating tendering and RFQ processes, reducing manual work and increasing speed.
  • Cost Optimization & Savings: Enables cost savings through optimized rates, effective route selection, and real-time market intelligence.
  • Efficiency & Agility Boost: Dramatically increases operational efficiency and agility through automation, mini-bids, and spot RFQs.
  • Supplier Management & Compliance: Optimizes supplier selection with data-driven insights and ensures compliance with standardized workflows.
  • Data Visibility & Integration: Provides a single source of truth for freight rates, enabling real-time analysis and seamless integration with existing supply chain systems.